Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
NEW YORK (Reuters Breakingviews) - Bridgewater’s founder thinks his kindred spirit resides in China’s anti-corruption czar Wang Qishan. Both seek radical transparency – though Dalio’s hunt is tied to forging a business in the Middle Kingdom. Plus: Exxon’s salvation may lie in the oil fields of West Texas.
NEW YORK (Reuters Breakingviews) - Texas is facing $180 bln in hurricane cleanup costs, the most of any U.S. natural disaster. The Lone Star State has the wherewithal and chutzpah to cover a large chunk, yet expects Washington to pick up most of the tab. Global water risks, meanwhile, may require $12 trln to fix.
NEW YORK (Reuters Breakingviews) - Facebook could do with some new friends in data. Its estimated audience doesn’t square with an official U.S. demographic tally. A growing list of counting problems could spell trouble as the $500 billion social network pushes into streaming and other higher-value material.
NEW YORK (Reuters Breakingviews) - Maybe third time is a charm for Michael Ferro. The chairman of Tronc bought the New York Daily News from real-estate mogul Mort Zuckerman for $1 and the assumption of its liabilities. It’s a victory of sorts for the Chicago publisher, whose stock hovers near the price at which it fended off a takeover from Gannett. But it's another sad marker in the decline of print newspapering.
NEW YORK (Reuters Breakingviews) - The U.S. runs out of money in a month and the president is attacking lawmakers in his own party. That could prompt Republicans and Democrats to work together to keep the lights on. Plus: Rupert Murdoch could be overpaying for Sky.
NEW YORK (Reuters Breakingviews) - The Amazon vortex won’t suck in everyone. That's the verdict of investors in the retail sector. Among potential competitors to the e-commerce juggernaut founded by Jeff Bezos, some – including Ross Stores, Home Depot and AutoZone – may have the wherewithal to withstand Amazon. The market is conferring on them valuations commensurate with, or better than, the one accorded to Amazon.
NEW YORK (Reuters Breakingviews) - Great Wall Motor wants to buy Jeep. That’d leave the Italian-American carmaker cash rich but devoid of profit in a fast-changing industry. Meanwhile, Uber tries to find a silver lining to the cloud its drivers are under. Plus: what makes China’s unicorns a different breed. Listen to the podcast: https://soundcloud.com/reuters/fiat-chryslers-painful-choices
DALLAS (Reuters Breakingviews) - Snap is haunting the market. The parent of the disappearing-message app reported its second consecutive quarter of disappointing results. Slowing user growth, more losses and fresh fallout from its lousy governance have erased a third of its market value. Others mulling going public may be scared off.
NEW YORK (Reuters Breakingviews) - Netflix losing Disney sounds like an HBO sequel. The Magic Kingdom is yanking "Cars" and more from the $75 billion streaming service. Time Warner's pay-TV network also once grew so popular that Hollywood studios got scared and started rival options. HBO kept thriving and so will Netflix.
NEW YORK (Reuters Breakingviews) - Questionable elections for a rubber-stamping new assembly may give President Nicolas Maduro more power. But the country’s people, economy - and some U.S. companies - will suffer. Also: Sprint, under a ton of debt yet overvalued, weighs up its M&A options.